Credit Card Spending

I’m Miriam Neff, and I’m Valerie Neff Hogan, with Wise Women Managing Money.

M Why use cash instead of credit cards this season?  According to credit cards own studies, you might save 20% at least each month just by paying cash over swiping that credit card. 

V My experience is that percentage is even higher so no mindless swiping. You have to calculate and plan with cash, also there’s no impulse buys.  Think about how many items are in your basement storage right now that were impulse buys. Delete something in your purchase cart, go find it, and pay cash. 

M One year I thought the automatic floor cleaner would be a hit with all my children.  They collected dust in their basements rather than cleaned floors.  Plan, think real value, and pay with cash.